A Penny Earned
The Finances Project. I have established a monthly budget habit, paid off all debts, have three months of emergency savings in the bank, have plenty of money for retirement at age sixty five, university savings accounts for all three minions, use savings and checking accounts to pay for things instead of credit cards and don’t stress about money anymore.
- Objective: Establish and Follow a Monthly Budget
Key Result: Know how much is coming in and how much is going out [done]Key Result: Know how much I can spend each month for funsies [done]Key Result: Know how much I need to spend on bills [done]Action: Establish monthly budget [done]Action: Read Money: A Love Story by Kate Northrup [done]Action: Read The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying by Suze Orman [done]Action: Read Overcoming Underearning: A Five-Step Plan to a Richer Life by Barbara Stanny [done]Action: Read Broke Millenial by Erin Lowry [done]Action: Read Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required by Kristy Shen and Bryce Leung [done]Action: Read Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence (& how to get started!) by Rachel Richards [done]- Action: Read Clever Girl Finance: Ditch debt, save money and build real wealth by Bola Sokunbi
- Action: Read Clever Girl Finance: Learn How Investing Works, Grow Your Money by Bola Sokunbi
- Action: Read Clever Girl Finance: The Side Hustle Guide: Build a Successful Side Hustle and Increase Your Income by Bola Sokunbi
Action: Read A Random Walk Down Wall Street by Burnton G Malkiel [done]Action: Start an investment or financial consciousness group [done]Action: Build / Maintain a spreadsheet of Credits / Debits [done]Action: Determine how much I can spend for funsies AFTER bills / savings / everything else [done]Action: Stick to the budget for three months [done]- Action: Stick to the budget for six months [in progress]
- Action: Stick to the budget for a year
- Objective: Implement Paying-Attention Practices
- Key Result: Build up Financial Consciousness
- Key Result: Develop Balanced Awareness of Credits and Debits
Action: Invest in a wallet or hand bag that makes you feel abundant. It doesn't have to be expensive. It just has to make you feel prosperous and empowered [done]- Action: Daily: Check bank account balance with gratitude [in progress]
- Action: Daily: Track expenses and incomes [in progress]
- Action: Daily: Money / Abundance Gratitude [in progress]
- Action: Daily: Money Mantras [in progress]
- Action: Daily: Read something about money (WSJ, Money, a book, etc) [in progress]
- Action: Daily: Sort the bills in your wallet so they face the same direction / are in order [in progress]
- Action: Weekly: Cleanout the wallet (unwrinkle your bills, clean out receipts, etc) [in progress]
- Action: Weekly: Conversation about money with P [in progress]
- Action: Weekly: Total expenses and income [in progress]
- Action: Monthly: Total expenses and income [in progress]
- Action: Monthly: Meet with an investment or financial consciousness group [in progress]
- Action: Monthly: Review financial statements / bills / account statements
- Action: Monthly: Create / Review Monthly Spending Plan
- Action: Monthly: Pay bills [in progress]
- Action: Quarterly: Create / Review Profit and Loss Statement
- Action: Semi-Annual: Financial Team Meeting
- Action: Yearly: Create / Review Financial Goals
- Objective: Use Cash, Not Credit
- Key Result: Have money for emergencies
- Key Result: Have retirement and university and vacation savings
- Action: Pay off credit cards [in progress]
Action: Research / open a Retirement Account [done]Action: Figure out how much I’m contributing / what the balance of the IRA is [done]- Action: Meet with a Financial Planner / Advisor
Action: Research / open an emergency / vacation savings account [done]- Action: Research / open three university accounts
Action: Determine how much six months of bills is worth [done]- Action: Save six months worth of bills in an emergency account [in progress]
- Action: Research / save enough for a vacation
- Action: Save $5k [in progress]
- Action: Save $50k
- Action: Save $250k
- Objective: Be 'Rich'
- Key Result: Define 'Rich'
- Key Result: Work no more than forty hours per week
- Key Result: Maintain Mental Stability
- Key Result: Maintain Familial and Personal Relationships
- Key Result: Know that I am inherently worthy
- Action: Reread Beyond Beautiful and DO the relevant exercises
- Action: Make a worthiness poster and read it every day for thirty days
- Action: Add two self worth books to read
- Action: Add two imposter symdrome books to read
- Answer: How do my parts feel about these goals? Which parts are for it? Which parts are against it? Why?
Action: Earn $250k USD Per Year [done]- Action: Earn $500k USD Per Year [in progress]
- Action: Earn $750k USD Per Year
- Action: Earn $1 million USD Per Year